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Figure 6-6 -Refer to Figure 6-6.As Price Falls from PA to PB

Question 96

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Figure 6-6
Figure 6-6    -Refer to Figure 6-6.As price falls from PA to PB, the quantity demanded increases most along D₁; therefore, A) D₁ is unit elastic. B) D₁ is more inelastic than D₂ or D₃. C) D₁ is more elastic than D₂ or D₃. D) D₁ is elastic at PA but inelastic at PB.
-Refer to Figure 6-6.As price falls from PA to PB, the quantity demanded increases most along D₁; therefore,


A) D₁ is unit elastic.
B) D₁ is more inelastic than D₂ or D₃.
C) D₁ is more elastic than D₂ or D₃.
D) D₁ is elastic at PA but inelastic at PB.

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